Tottenham Hotspur waved goodbye to controversial chairman Daniel Levy after 24 years last week, in a move which sent shockwaves throughout the world of football.
Levy and ENIC’s running of the club during his tenure attracted large protests from supporters, mainly due to a lack of success on the field, with the Lilywhites winning just two major trophies over the ex-chair’s two-and-a half-decade-long spell.
However, away from the pitch, there is little denying that Levy transformed Spurs into a financial powerhouse.
Tottenham are now one of the world’s highest revenue-generating clubs, according to the Deloitte Money League, with Levy overseeing the move to their state of the art new stadium and training facilities.
|
World Football’s highest revenue-generating clubs — 2025 |
Value |
|---|---|
|
Real Madrid |
£1.2 billion |
|
Man City |
£727 million |
|
PSG |
£700 million |
|
Man United |
£668 million |
|
Bayern Munich |
£664 million |
|
FC Barcelona |
£659.5 million |
|
Arsenal |
£621.5 million |
|
Liverpool |
£620 million |
|
Tottenham Hotspur |
£533 million |
|
Chelsea |
£474 million |
|
via Deloitte Money League |
|
Speaking after the “big news” of Levy’s departure, CEO Vinai Vinkatesham moved to quash rumours of a potential takeover whilst explaining what this means to the club’s overall running.
Credible reports suggest that influential footballing figures were left “stunned” by Levy’s resignation (Miguel Delaney), which was ultimately taken out of the 63-year-old’s hands.
In fact, The Times have stated that Levy was told to resign just hours before Tottenham made it official.
Saudi backers major plan for Tottenham as Levy exit kickstarts restructure
According to TEAMtalk, Levy’s departure is the first domino kickstarting what is a broad restructure of Spurs.
It is also claimed that global investors, including backers from Saudi Arabia, harbor an ambitious plan for Spurs to build a “Premier League powerhouse”, and see the club as a “prime opportunity” to do so.
While making it crystal clear that Spurs is not for sale, the Lewis family are open to minority investments that could help to inject significant capital into the club, with Saudi parties also joined by potential investors from Qatar and the USA.
A new era for Thomas Frank’s side appears to be ushering in, with insiders saying that an “air of change” is brewing within the club and Levy’s exit may not be the big off-field announcement poised to come in the near future.